Cement News tagged under: Exports
Pakistan cement exports shrink in July and August 201925 September 2019, Published under Cement NewsPakistan's cement industry earned foreign exchange revenue of US$16.74m by exporting 391,548t of cement in August 2019, compared to US$25.4m from exporting 593,525t of cement in previous month, says the country's Federal Bureau of Statistics. This converted to a fall of 34.1 per cent and 34 per cent in terms of value and quantity, respectively MoM. When compared with the figure of August 2018, earnings of US$27.6m from 627,405t of cement – it translates to a YoY fall of 39.3 per cent in fo... |
Spain's cement demand slips, exports drop 25% in August24 September 2019, Published under Cement NewsCement demand in Spain declined 1.4 per cent YoY to 1,089,617t in August, according to Oficemen, the country’s cement association. In addition to lower domestic sales, exports have dropped by a quarter, registering a fall for 27 consecutive months. In the first eight months of 2019 cement consumption increased 9.3 per cent YoY to 9,749,344t with exports decreasing 23.4 per cent. “An even more striking figure, if we take into account that imports have grown 87.3 per cent from January to Aug... |
Indonesian market contracts, exports rising in August20 September 2019, Published under Cement NewsCement deliveries in Indonesia slipped by 3.2 per cent YoY in August 2019 to 6,323,297t from 6,532,840t in August 2018, according to data by the Indonesian cement association, ASI, cited by Semen Indonesia Group. Demand in the key market of Java declined 4.4 per cent YoY to 3,531,413t while in Sumatra, the country’s second-largest market consumption the fall was of the same order, to 1,357,821t. Sulawesi showed the strongest growth at 8.3 per cent, reporting deliveries of 564,350t while on... |
Russia's cement market cools but exports strong19 September 2019, Published under Cement NewsCement production in Russia increased by 8.9 per cent YoY to 33Mt in the first seven months of 2019, according to Soyuzcement, the country’s cement association. The demand for cement in Russia in the January-July 2019 period was at the highest level for several years, added the association. However, since July demand has significantly fallen, despite the domestic construction sector experiencing its high season. Soyuzcement analysts anticipate consumption to continue its downward trend in ... |
Cement consumption in Peru expands 6% in August18 September 2019, Published under Cement NewsDemand for cement in Peru has increased 6.3 per cent YoY to 1.052Mt in August 2019 when compared with 0.989Mt in the year-ago period, according to the country’s cement association, Asocem. Domestic dispatches advanced 6.4 per cent to 1.043Mt in August, up from 0.981Mt in August 2018 and 0.982Mt in July 2019. Output from Peru’s cement plants was up 7.5 per cent to 0.965Mt in August from 0.897Mt in the previous-year’s period. In terms of external trade, the country imported 48,300t of cem... |
Pakistan-Afghanistan Torkham border inauguration to facilitate cement trade18 September 2019, Published under Cement NewsPakistan's Prime Minister, Imran Khan, along with top officials of government of Afghanistan, are expected to inaugurate round-the-clock operation of Torkham border crossing between Afghanistan and Pakistan today, subject to security clearance, etc. This is expected to support higher volumes of imports and exports, including cement, between the two countries. The Pakistan cement industry, particularly factories located in northern area of Pakistan are pinning their hopes that the opening o... |
Emerging Senegal10 September 2019, Published under Cement NewsSenegal, home to one of west Africa’s largest cement industries, is a nation on the rise. Long-term political stability has resulted in sustained economic growth. Looking ahead, President Macky Sall’s government is pursuing an ambitious development strategy supported by important new oil and gas investments. This will help to ensure domestic cement demand is able to sustain the cement industry and its three integrated producers. Robust growth in Senegal’s cement demand is expected to ... |
Brazil's cement market expands 3% in August10 September 2019, Published under Cement NewsApparent cement consumption in Brazil edged up 2.9 per cent YoY to 5.1Mt in August 2019, according to the country’s cement association, SNIC. Domestic cement sales increased three per cent to 5.1Mt in August 2019 when compared with August 2018. When considering the number of business days, daily sales were up 5.1 per cent YoY and 4.1 per cent MoM. In terms of regions, the southeast led growth with deliveries up 7.1 per cent YoY, followed by the southern region, which saw sales increase b... |
Pakistan cement industry's future outlook10 September 2019, Published under Cement NewsThe margins of the Pakistani cement industry remain under pressure in FY19 and this trend is likely to continue in FY20 on the back of poor demand, higher coal prices and interest rates, lesser allocation for development projects, and competition in local and overseas markets. Reviewing the industry performance, experts observed in the local media that the industry started making expansion plans soon after the then-government signed CPEC agreements with the Chinese government in anticipa... |
Pakistan's cement dispatches fall in July 201902 September 2019, Published under Cement NewsPakistan's cement industry dispatches in July, the first month of the FY19-20, fell to 3.5Mt from 3.6Mt in July 2018. This translates to a decline of 2.8 per cent, primarily due to a slowdown in domestic demand as the economy contracts rapidly owing to policies targeting runaway budget deficit and the current account gap, says local media. The industry's capacity utilisation also reportedly dropped to 70 per cent from the average levels of 85 per cent. Industry observations show it is ... |